Hesai (HSAI) Surges 7.63% as Next-Gen Lidar Unveiled at IAA Mobility 2025

Hesai (HSAI) surged 7.63% on Monday, extending its winning streak to four consecutive days with a cumulative gain of 13.95%. The stock hit a peak not seen since September 2025, with an intraday jump of 14.91%, signaling renewed investor confidence in the lidar technology leader.

The rally follows Hesai’s unveiling of next-generation lidar solutions at the IAA Mobility 2025 event in Munich. The company’s ETX ultra-long-range lidar and FTX fully solid-state lidar have been positioned as game-changers for L3/L4 autonomous driving. ETX, with its 400-meter range and noise-reduction capabilities, has already secured a major OEM contract for mass production by 2026. Meanwhile, FTX’s compact design and expanded field of view address critical blind spots in autonomous systems, complementing ETX to form Hesai’s Infinity Eye B solution.

Strategic partnerships with automotive glass leaders AGC Wideye and Saint-Gobain Sekurit further bolster Hesai’s market position. These collaborations enable seamless integration of lidar sensors into vehicle designs, aligning with automakers’ demands for aesthetic and functional efficiency. The partnerships validate Hesai’s technology in real-world applications and strengthen its supply chain visibility for autonomous vehicles.

Hesai’s fourth-generation lidar platform, featuring innovations like Photon Vector Technology and Intelligent Point Cloud Engine, addresses industry pain points such as environmental noise and false positives. These advancements position the company to outperform competitors in a market poised for rapid growth as L3/L4 systems gain regulatory traction. While mass production of ETX and FTX is slated for 2026, the commercial validation and technical differentiation have already fueled short-term optimism among investors.

Amid U.S.-China tensions, Hesai’s planned Hong Kong listing and HK$3.7 billion fundraising underscore its strategic expansion. By diversifying its capital base, the company aims to mitigate geopolitical risks while scaling its global reach. This move, coupled with its technological leadership and OEM partnerships, reinforces Hesai’s long-term potential in the autonomous driving revolution.